purse/wallet – la cartera
(Pronounced kahr-teh-rah)
To remember that purse/wallet is pronounced kahr-teh-rah (cartera) in Spanish, use the following mnemonic:
They stole our wallet and purse and drove off in a car, terrorizing (cartera) people.

Cartera is feminine so it's la cartera. Imagine a lady stealing wallets and purses.

Examples of cartera (purse/wallet) in a sentence
Perdí mi cartera en el autobús esta mañana.
(I lost my wallet on the bus this morning).
Compré una cartera de cuero para mi madre.
(I bought a purse made of leather for my mother).
Siempre guardo mi dinero en la cartera.
(I always keep my money in my wallet).